The European Union Timber Regulation (EUTR) entering into force on the 3 March 2013 will make it a legal obligation for the packaging industry to do its bit in the fight against illegal logging. What do producers and users of packaging ...
South Korean steelmaker Pohang Iron and Steel Co. (POSCO) has announced that in the fourth quarter of 2012 its net profit decreased by 45 percent to KRW 561 billion ($518 million), compared to the same quarter of the previous year. The ...
Tags: steelmaker, net profit, steel industry
Reportedly, Essar Group, a multinational corporation in India will invest US$125 million in its cold rolled coil (CRC) production capacity and aim to lift the annual capacity to 700,000 tons. Mr. KB Trivedi, the president director and ...
Tags: Essar Group, India, cold rolled coil
PVI Sun Life Insurance has received regulatory approval from both Vietnam and Canada regulators to operate its life insurance business in Vietnam. Set up as a joint venture (JV) between PVI with 51% stake and Sun Life Assurance Company of ...
Australia-listed Indus Coal said Friday that it has purchased stakes in two companies -- Batanghari Energi Prima and Berlian Mahkota Coal -- which own three coal projects in Indonesia's Jambi province. In a filing with the Australian ...
Tags: Indus Coal, coal projects, coal
Huntsman Textile Effects, a division of Huntsman Corporation and a leading manufacturer of textile dyes and chemicals, today inaugurated a new specialty synthesis unit, further strengthening its manufacturing capability and presence in the ...
Tags: textile dyes, textile, Huntsman
Furniture importers that have held off increasing prices in recent years may be forced to raise them in 2013 because of various factors, especially rising labor costs in Asia. Governments in Malaysia, Indonesia and Vietnam - all major ...
London based underwriter Aviva has selected Khor Seng as the new CEO of Aviva Asia, effective from 8 March 2013, to expand its businesses in the region. Seng, who joins the British insurer from AIA, will be based in Singapore and report ...
World leading industrial thread and consumer textile crafts business, Coats plc has launched Coats Color Express - a revolutionary web-based service that provides the apparel and footwear industry with the world’s fastest and most ...
Tags: Coats, textile crafts business, industrial sewing thread
When your country wears more Depends than Pampers, economic disaster is soon to follow. In 2012, adult diapers outsold baby diapers in Japan. The statistic is an unnatural stunner and points to a population chart that has literally been ...
Tags: Pampers, economic disaster, Diapers
LAS VEGAS --- Case goods supplier Legends Furniture said it has doubled the size of its World Market Center showroom in space A-646. "We'd already expanded our original showroom once and we needed to expand again," said Tim Donk, director ...
Tags: Furniture, Legends Furniture
The arbitrage window to move polypropylene cargoes from China to Southeast Asia has opened on paper, but no cargoes have been booked so far for the voyage, traders said Wednesday. Demand for PP is weak in China ahead of the long Lunar New ...
Tags: polypropylene cargoes, China, chemicals
China imported 289 million mt of coal in 2012, up 57.9% year on year, a compilation of the monthly China customs data released on Tuesday showed. Of the total imports, thermal coal comprised 35.14%, coking coal 18.55%, anthracite ...
The final exhibition at The Textile Museum before its 2014 reopening will showcase the textile traditions of Southeast Asia and demonstrate how four contemporary artists integrate the best of the past into new works. “Out of Southeast ...
Tags: Textile Museum, textile tradition, textile
The Nissan Micra is no longer available with a four-cylinder engine following a production shift from Indonesia to India. The change in Nissan Australia’s production source means all models in the updated 2013 Micra range will be ...
Tags: 2013, Nissan Micra, India, Four-Cylinder